Bunnell Hill Construction Kicks Off IDI Logistics Lakeland Project 

Bunnell Hill Construction Kicks Off IDI Logistics Lakeland Project 

Bunnell Hill Construction, our commercial construction management branch, has started construction on the IDI Logistics Lakeland project in Boone County, KY. Schueler Group’s involvement in the deal is just another way we are expanding our reach into new areas. Northern KY is a pro-business area near main interstates that gives Northern Kentucky businesses access to Southwest Ohio markets as well. IDI purchased 31 acres of the Lakeland Business Park earlier this year and is developing a new 330,000 square-foot distribution center on the site. Construction on the building kicked off in early July and will be completed in the spring of 2021.

Concurrently, as part of its land development services, BHC is working on an 800-foot road extension of Lakeland Park Drive that will support this project.

Who is IDI Logistics? 

IDI is one of the largest industrial logistics developers in North America, and Schueler Group has been working with them to help expand their reach into Northern Kentucky. IDI chose Lakeland Business Park for their development because of its proximity to CVG and Amazon Prime.

The IDI project is another great example of how our vertically integrated real estate development companies can come together to provide full-spectrum development services for the advantage of our client. Henkle Schueler worked with IDI on the land sale of the 31 acres and Bunnell Hill Construction is leading the construction efforts.

Why Construct at Lakeland? The Potential for Market Expansion

Lakeland Business Park has 79 acres remaining and ready for development. With Lakeland’s access to a wide range of Midwestern markets, and Schueler Group’s ability to provide comprehensive commercial real estate services, this is yet another of our business parks that will serve to expand manufacturing and commerce in Northern Kentucky and the surrounding areas.

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Land for lease comes in all different kinds

Open land available for leasing can be of many varieties. It might be an open lot in an existing development or business park that hasn’t been put to use yet. It could be a farm property, or an empty outlot in a commercial center. Open, developable acreage is probably more often put on the market for sale than for lease, but rentable land is definitely out there in the southwestern Ohio and northern Kentucky property markets. Sometimes leasable land will come with a build-to-suit option, allowing the tenant to have a commercial facility custom-built on the site. And a range of leasing options exist for land, providing the tenant some degree of flexibility in the terms under which the site is rented.

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